After costs, if the gap returns to its 7d average, $10k−$27
spread now+0.250%7d average+0.111%fees + slippage, in and out−$41spread needed0.412%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps NBIS-USD | 231.68 | 0.0050 | pay 0.0006% / 1h | 37m 25s | $122K | $514K | 10x |
| Short | Entropy io:NBIS | 232.26 | 0.0302 | get 0.0038% / 1h | 37m 25s | $10.2M | $3.1M | 10x |
Polymarket Perps NBIS-USD
Entropy io:NBISPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $25.03
- Funding while held
- $7.55
- Slippage, 4 orders
- −$15.22
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$8.63
- Spread needed to break even
- 0.412%
Slippage from Polymarket Perps: live order book, 7 min ago; Entropy: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0252%
- Per $10,000 a day
- +$7.55
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, 7 min ago | 2.15 bp | 6.1 bp −$6 | 7.4 bp −$74 | 34.7 bp −$3,465 | doesn't fit |
| Sell Entropy live order book, 1 min ago | 1.29 bp | 14.1 bp −$14 | 20.3 bp −$203 | doesn't fit | doesn't fit |
NBIS price on every exchange
against the cheapest. Click to use as the short leg.Arcus231.48cheapestNado231.57+0.041%QFEX231.59+0.048%Bitget231.61+0.056%Bybit231.63+0.065%KuCoin231.64+0.069%tradeXYZ231.68+0.086%Gate231.68+0.086%
Arcus
Nado
QFEX
Bitget
Bybit
KuCoin
tradeXYZ
GatePolymarket Perps231.68+0.086%
OKX231.73+0.108%Binance231.75+0.119%Aster231.76+0.123%Extended231.77+0.125%Lighter231.82+0.147%Kraken Futures231.88+0.171%Deribit231.94+0.199%Vest231.99+0.220%Phoenix232.00+0.225%SunX232.05+0.246%SoDEX232.05+0.246%Orderly232.11+0.272%Phemex232.11+0.272%Aevo232.11+0.274%
OKX
Binance
Aster
Extended
Lighter
Kraken Futures
Deribit
Vest
Phoenix
SunX
SoDEX
Orderly
Phemex
AevoEntropy232.26+0.337%
Ondo Perps232.45+0.419%BloFin232.45+0.419%Variational Omni232.47+0.428%edgeX232.50+0.439%HTX232.63+0.497%Coinbase International233.69+0.955%
Ondo Perps
BloFin
Variational Omni
HTX
Coinbase InternationalNBIS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus NBIS-USD | −0.086% | +0.0040% | 1h | $39K | $82K | 5x | as long as short |
| Nado NBIS-PERP | −0.046% | +0.0274% | 1h | $29K | $65K | 3x | as long as short |
| QFEX NBIS-USD | −0.039% | +0.0046% | 1h | $1.3M | $4.2M | 10x | as long as short |
| Bitget NBISUSDT | −0.030% | 0.0000% | 8h | $2.6M | $4.0M | 20x | as long as short |
| Bybit NBISUSDT | −0.022% | 0.0000% | 8h | $5.2M | $5.2M | 50x | as long as short |
| KuCoin NBISUSDTM | −0.017% | +0.0100% | 8h | $495K | $19K | 20x | as long as short |
| tradeXYZ xyz:NBIS | 0.000% | +0.0107% | 1h | $54.3M | $19.7M | 10x | as long as short |
| Gate NBIS_USDT | 0.000% | 0.0000% | 8h | $2.9M | $4.3M | 50x | as long as short |
| Polymarket Perps NBIS-USDlong | 0.000% | +0.0050% | 1h | $122K | $514K | 10x | |
| OKX NBIS-USDT-SWAP | +0.022% | +0.0001% | 8h | $3.5M | $14.3M | 25x | as long as short |